Gas to liquids (GTL)
CB&I venture awarded Australia LNG project work
A CB&I joint venture with Chiyoda Corp. and Saipem S.p.A has been awarded a preparation and supply contract for the Arrow LNG plant project in Australia. Arrow Energy Pty Ltd., the project operator, is a 50/50 joint venture partnered by Royal Dutch Shell and PetroChina.
Praxair acquires Ohio gas distributor Weldco
The distribution subsidiary of industrial gases major Praxair has acquired Weldco, an independent distributor of industrial and specialty gases and ancillary welding equipment, supplies and services. With 23 employees and sales of $8 million, Weldco is considered a market leader in Cincinnati, Ohio, which is one of the top 20 welding markets in the US.
Momentive starts up new production line at Texas oilfield technology complex
The oilfield technology group (OTG) of Momentive Specialty Chemicals started up a new manufacturing production line at its facility in Brady, Texas, to provide additional resin-coated proppants to fracturing service companies and operators in the oil and gas industry.
American Petroleum Institute CEO disappointed by US shale gas committee findings
American Petroleum Institute (API) chief executive Jack Gerard welcomed an acknowledgement from the US government subcommittee on shale gas of the economic and energy security benefits of natural gas development, but said the specific recommendations were disappointing and confusing.
El Paso Corp. to spin off E&P business in 2011
Natural gas company El Paso Corp. said Thursday that it had taken important steps related to the planned spinoff of its E&P business before year-end 2011. On Thursday, El Paso filed its initial Form 10 with the US Securities and Exchange Commission. This filing provides information about the spinoff and provides a detailed look at all aspects of the E&P business.
ExxonMobil grants license for gas pipeline welding technology to Nippon Steel
ExxonMobil has granted Nippon Steel the world’s first license for patented field welding technology used to construct high-pressure pipelines made with X120 ultra high-strength steel linepipe, company officials said on Wednesday.
US shale plays spark Q2 increase in oil, gas deals
Ongoing interest in shale acreage, deals for midstream assets and increased investments from foreign buyers in the US oil and gas industry helped drive US oil and gas mergers and acquisitions (M&A) value to $39 billion in the second quarter of 2011, according to a quarterly report from accounting firm PricewaterhouseCoopers (PwC).
Dominion to build natural gas processing, liquids fractionation plant in West Virginia
Dominion said Thursday that it is proceeding with its next major project in the Marcellus and Utica Shale regions, which is the construction of a large natural gas processing and fractionation plant along the Ohio River in Natrium, W.Va. The first phase of construction includes facilities that can process 200 million cubic feet/day of natural gas and fractionate 36,000 bpd of natural gas liquids.
Statoil to supply ethane for NOVA Canada cracker
NOVA Chemicals has signed a memorandum of understanding with Statoil to secure a long-term supply of ethane from the Marcellus Shale basin. Financial terms were not disclosed.
Sunoco seeks shipper commitments for upcoming Marcellus Shale ethane pipeline
Sunoco Logistics is set to begin an open season for shipper commitments on its Mariner West project to deliver ethane from the Marcellus Shale region in the US.
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